LLamasoft, provider of enterprise supply chain design and decision-making solutions, announced it acquired Opex Analytics LLC, a Chicago-based provider of artificial intelligence (AI) solutions to Fortune 500 companies.
The acquisition, backed by TPG Capital, Goldman Sachs, and MK Capital, creates a combined company that will offer productized applications and innovative solutions to global organisations to accelerate adoption of artificial intelligence (AI) with deep expertise in machine learning (ML), optimisation, simulation and other advanced analytics capabilities to improve decision making. Opex Analytics will continue to operate under the Opex Analytics brand, now as a LLamasoft Company.